Could Tesla Join the Dow After Its Stock Split?
For nearly 126 years, the Dow Jones Industrial Average (DJINDICES: ^DJI) has been a closely followed index that investors have used to evaluate the health of the stock market. Initially comprised of just 12 stocks during its May 1896 debut, the Dow Jones is now home to 30 highly profitable and mature multinational companies.
Since 1896, there have been more than 50 changes to the components of the Dow Jones Industrial Average. Sometimes mergers and acquisitions have necessitated a reshuffling, whereas other instances involved removing companies that were no longer pillars within their industry or representative of the overall U.S. economy.
In the not-so-distant future, another Dow Jones reshuffle may be coming.
Source Fool.com